Share Our Strength
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Share Our Strength does not meet the following 1 Standards for Charity Accountability:
Standard 9 (Fund Raising Expense Ratio)
Spending should be no more than 35% of related contributions on fund raising. Related contributions include donations, legacies, and other gifts received as a result of fund raising efforts.
SOS does not meet this Standard because:
- According to its audited financial statements - consolidated - for the year ended June 30, 2023, the organization's fundraising costs were 37% ($38,502,026) of related contributions, which totaled $102,772,659.
In response to the BBB Wise Giving Alliance finding, SOS states:
- "Our audited financial statements will be issued no later than January 31, 2025, including the Schedule of Federal Awards (well in advance of the statutory deadline of March 31, 2025). Our Form 990 will be filed by May 15, 2025, the statutory extended deadline for organizations with a June 30th fiscal year end."
Share Our Strength meets the remaining 19 Standards for Charity Accountability.
Complaints
Number of complaints processed by the BBB in the last 36 months: 1.
Mailing List Removal
The organization addressed the complaint issues brought to its attention: 1.
(The complaint involved an individual seeking to have his or her name and contact information removed from the organization's mailing).
Stated Purpose:
"to help communities feed children with our No Kid Hungry campaign and address the root causes of hunger and poverty."
Year, State Incorporated:
1984, DC
Also Known As:
No Kid Hungry
Share Our Strength (SOS) reports that it works to solve problems of hunger and poverty in the United States and around the world through partnering with local non-profits and its main campaign, No Kid Hungry. The organization offers grant funding for needed equipment, including refrigerators, breakfast carts, and more. SOS also works with policymakers to expand federal assistance programs for low-income individuals. In 2023, the organization states that it partners with 2,112 local non-profits that served more than 504 million meals to children and families.
For the year ended June 30, 2023, Share Our Strength's program expenses were:
Anti-hunger, anti-poverty initiatives: $81,189,274
Community Wealth Partners: $5,290,472
Total Program Expenses: $86,479,746
Chief Executive
Anne Filipic, Chief Executive Officer
Compensation*
$105,456
Chair of the Board
William H. Shore
Chair's Profession / Business Affiliation
Founder, Share Our Strength
Board Size
12
Paid Staff Size
348
*2023 compensation, as reported by the organization, includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Note: Anne Filipic assumed the position of Chief Executive Officer in September 2022 and her compensation is from September 2022 until June 2023. In 2022, the highest compensated employee was William H. Shore, receiving $480,903.
Method(s) Used:
Direct mail appeals, Television, Grant proposals, Internet, Direct mail appeals, Radio, Special events, Telemarketing, Print advertisements, Corporate solicitation
SOS incurred joint costs of $11,850,234 for informational materials and activities that included fundraising materials. Of those costs $6,024,176 was allocated to fundraising expenses, $5,768,865 was allocated to program expenses, and $57,193 was allocated to administrative expenses.
Fundraising costs were 37% of related contributions. (Related contributions, which totaled $102,772,659, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Share Our Strength's audited financial statements for the year ended June 30, 2023.
Source of Funds
| Individual contributions | $33,284,775 |
| Foundation grants and contributions | $26,572,921 |
| Corporate sponsorships, contributions, and partners | $21,059,761 |
| Government grants | $1,782,905 |
| Consulting revenue | $3,731,960 |
| Special events, net | $413,373 |
| Other revenue | $13,354 |
| In-kind contributions | $19,658,924 |
| Investment income, net | $240,995 |
| Total Income | $106,758,968 |
Programs: 65% Fundraising: 29% Administrative: 6%
| Total Income | $106,758,968 |
| Total expenses: | $133,626,321 |
| Program expenses | $86,479,746 |
| Fundraising expenses | $38,502,026 |
| Administrative expenses | $8,644,549 |
| Other expenses | $0 |
| Income in Excess of Expenses | $-26,867,353 |
| Beginning Net Assets | $97,316,966 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $70,449,613 |
| Total Liabilities | $21,065,373 |
| Total Assets | $91,514,986 |
Note: According to SOS' audited financial statements - consolidated - for the year ended June 30, 2023, the organization received $19,658,924 in contributed goods and services including public service announcements and advertising ($19,653,924) and legal and professional services ($5,000).
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
RELATED CONTENT
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Meets Standards
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Standards Not Met
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Did Not Disclose
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Review in Progress
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Unable to Verify
Report completed by:
BBB Wise Giving Alliance